Dollar is only down a little. Crude ?
Gold has shot up 8.80 fairly quickly this am
Started by
nimblebear
, Apr 04 2007 08:07 AM
8 replies to this topic
#1
nimblebear
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Welcome to the Dark Side !
Posted 04 April 2007 - 08:07 AM
OTIS.
#2
Jnavin
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Posted 04 April 2007 - 08:10 AM
Job report means (to some analysts) that the Fed may lower rates sooner than expected and that would be inflationary. A bit more complicated than that, but that's the basic story line.
Gee...anybody around here been loading up on gold and silver stocks lately?
Kitco site slowed way down already...try thebulliondesk.com
Edited by Jnavin, 04 April 2007 - 08:13 AM.
#3
cgnx
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Posted 04 April 2007 - 08:13 AM
Gonna need alot more of that to get to $8,500.
If it can be cornered, it will.
#4
zedor
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Posted 04 April 2007 - 08:15 AM
Job report means (to some analysts) that the Fed may lower rates sooner than expected and that would be inflationary. A bit more complicated than that, but that's the basic story line.
Gee...anybody around here been loading up on gold and silver stocks lately?
Kitco site slowed way down already...try thebulliondesk.com
Wow only up 3 now the gold chart (i minute this morning) looks like the oil chart did last week after the market closed. Rocket up than down.
I am sure more manipulation via rummors and the like.
#5
Cirrus
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Posted 04 April 2007 - 08:17 AM
Iran to free hostages. We'll see just how much 'war and terror' premium is in crude and gold. I honestly think it's a lot less than many think.
Edited by Cirrus, 04 April 2007 - 08:19 AM.
#6
Jnavin
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Posted 04 April 2007 - 08:19 AM
Perfect timing to mute the metals rally! I'm impressed.
#7
Cirrus
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Posted 04 April 2007 - 09:30 AM
Unfortunately the metals rally isn't so muted. Hmmmm.......
Gold and metals stocks doing VERY well with follow through on very bad news.
#8
Trend-Shifter
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Posted 04 April 2007 - 10:26 AM
Yesterday KGC (Kinross Gold) was strong lately even though gold was not. Looks like a lot of buying. One of our members commented on NAK. It has done well until recently and did not participate on off days. So KGC still remains my gold trading avenue of choice. It's buy & sorta holdUnfortunately the metals rally isn't so muted. Hmmmm.......
Gold and metals stocks doing VERY well with follow through on very bad news.
Only in geometry can a line go into infinity.
#9
Cirrus
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Posted 04 April 2007 - 11:07 AM
I don't know if I was the one to comment on NAK. However, my favorite precious metals stocks are NAK, SA, NG and AEM. I also like ABX for a core very LT blue chipper--better than NEM.
